Korea, Rep.: Government expenditure on education, total (% of GDP)
In , Korea, Rep.'s Government expenditure on education, total (% of GDP) was 5.41.
That's up 18.7% from 2021, the highest value on record.
The global average for this indicator in 2022 was 4.24 .
Source: World Bank Open Data (SE.XPD.TOTL.GD.ZS) • Data as of 2022
Trend (2015–2022)
Highlights
- Peak
- 5.41
- Trough
- 4.11
- 1-year change
- +18.7%
- 5-year change
- +31.7%
- +5.7% / yr
Historical Data — Last 10 Years
| Year | Government expenditure on education, total (% of GDP) |
|---|---|
| 5.4091 | |
| 4.5559 | |
| 4.5271 | |
| 4.4181 | |
| 4.2165 | |
| 4.1078 | |
| 4.1150 | |
| 4.2425 |
About Government expenditure on education, total (% of GDP)
General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.
Indicator code: SE.XPD.TOTL.GD.ZS • Category: Education
Frequently asked questions
- What was Korea, Rep.'s Government expenditure on education, total (% of GDP) in 2022?
- In 2022, Korea, Rep.'s Government expenditure on education, total (% of GDP) was 5.41, according to World Bank Open Data.
- Is Korea, Rep.'s Government expenditure on education, total (% of GDP) rising or falling?
- Korea, Rep.'s Government expenditure on education, total (% of GDP) rose 18.7% from 2021 to 2022.
- How does Korea, Rep.'s Government expenditure on education, total (% of GDP) compare to the world average?
- The global average for Government expenditure on education, total (% of GDP) in 2022 was 4.24, so Korea, Rep. is above the world average.
- What is Government expenditure on education, total (% of GDP) and how is it measured?
- General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.
Source: World Bank Open Data (SE.XPD.TOTL.GD.ZS), CC BY 4.0.